Australia Post VNR, Record $21 billion Online Shopping Report

More Australians are shopping online than ever, with total purchases topping $21 billion for the first time, according to new research from Australia Post.

Australia Post today released its annual Inside Australian Online Shopping Report – an overview of Australia’s eCommerce market which identifies who is buying what and where online.

The report showed that Australians spent $21.3 billion last year – an 18.7 per cent increase compared with 2016. Local retailers accounted for more than 80 per cent of the total spend.

Australia Post General Manager for Parcels & Express Services, Ben Franzi, said Australians shopped online to access greater value, choice and convenience, and a clear example of this was the rise of online market places. ---

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